Embankment Deal Stalls

By

Heather Haddon

Sept. 11, 2012 10:36 pm ET

A deal to turn an abandoned elevated railway in Jersey City into a park in the spirit of Manhattan's High Line has hit a roadblock, with one of the parties involved balking on a settlement proposed to resolve the decadelong dispute.

The hurdle comes after Jersey City announced in February that it was on the verge of a deal that would pave the way for the Sixth Street Embankment to becoming a downtown park with sweeping views.